ICICI Bank 2005 Annual Report Download - page 24

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Postal Ballot
To facilitate wider participation in the approval process, approval of shareholders for the sponsored
ADS offering was voluntarily sought through postal ballot. Mr. R. Hariharan, Executive Director, S & S
Business Solutions Private Limited was appointed as scrutiniser for conducting postal ballot process.
Notices were sent to 475,753 shareholders and the last date for receiving the postal ballot forms by the
scrutiniser was January 24, 2005. Till that date, 27,529 forms were received. According to the
scrutiniser’s report, the resolution was passed by majority of 99.96%. The result of the postal ballot was
declared on January 28, 2005 and published on January 29, 2005 in the Financial Express (Ahmedabad,
Bangalore, Chandigarh, Chennai, Delhi, Kochi, Kolkata & Mumbai editions) and in Vadodara Samachar
(Vadodara) for the information of the Members.
XIV. Disclosures
1. There are no materially significant transactions with related parties i.e., directors, management,
subsidiaries, or relatives conflicting with the Bank’s interests. The Bank has no promoter.
2. There were no instances of non-compliance in respect of any matter related to the capital markets,
during the last three years.
XV. Means of Communication
It is ICICI Bank’s belief that all stakeholders should have access to complete information regarding its
position to enable them to accurately assess its future potential. ICICI Bank disseminates information on
its operations and initiatives on a regular basis. The ICICI Bank website (www.icicibank.com) serves as a
key awareness facility for all its stakeholders, allowing them to access information at their convenience.
It provides comprehensive information on ICICI Bank’s strategy, business segments, financial
performance, operational performance, share price movements and the latest press releases.
ICICI Bank’s dedicated investor relations personnel respond to specific queries and play a proactive role
in disseminating information to both analysts and investors. In accordance with Securities and
Exchange Board of India (SEBI) and Securities Exchange Commission (SEC) guidelines, all information
which could have a material bearing on ICICI Bank’s share price is released at the earliest through
leading domestic and global wire agencies. ICICI Bank also circulates its half-yearly results to its
shareholders. As required by SEBI and the listing agreements, ICICI Bank files its financial and other
information on the Electronic Data Information Filing and Retrieval (EDIFAR) website maintained by
National Informatics Centre (NIC).
ICICI Bank’s quarterly financial results are published in the Financial Express (Ahmedabad, Bangalore,
Chandigarh, Chennai, Delhi, Kochi, Kolkata & Mumbai editions) and in Vadodara Samachar (Vadodara).
The financial results, official news releases and presentations are also displayed on the website of ICICI
Bank.
The Management’s Discussion & Analysis forms part of the Annual Report.
XVI. General Shareholder Information
Eleventh Annual General Meeting
22
Directors’ Report
Professor Chandravadan
Mehta Auditorium,
General Education Centre,
Opposite D. N. Hall Ground,
The Maharaja Sayajirao University,
Pratapgunj, Vadodara 390 002
Venue
Saturday,
August 20, 2005
Date Time
1.30 p.m.
Dickenson Tel: 022-2625 2282